BAE Systems working to create £100m army of 1,700 apprentices and graduates in 2022 December 29, 2021 Almost 1,700 apprentices and graduates from across the UK will join defence giant BAE Systems next year. The company said this morning the creation of more than 900 apprentice and 750 graduate and undergraduate roles is the biggest intake of its kind the company has ever offered in a single year. Most of the roles [...]
HMRC did not issue a single Accelerated Payment Notice last year in sign controversial tax campaign may be waning December 29, 2021 HMRC’s controversial Accelerated Payment Notice campaign may be waning, according to new data. HMRC did not issue any Accelerated Payment Notices (APNS) last year, making it the first year none have been issued since they were introduced in 2014 as part of HMRC’s crack down on the use of tax avoidance schemes, according to research [...]
2021: Best year ever for UK tech sector with £26bn in VC, 116 unicorns, record London listings and more jobs December 28, 2021 The UK tech sector looks back on its best year ever, raking in £26bn in venture capital, record London listings, more jobs and the number of British unicorns climbing to 116. Success feeds cities outside London as Cambridge has become the leading regional tech city in the UK thanks to its combination of high levels [...]
Prime properties outside London surge at strongest pace in a decade with house prices in Cotswolds leading the pack December 28, 2021 New research shows this morning that prices of prime properties outside London have surged at the strongest pace in a decade during 2021. As house hunters looked for more space and made lifestyle changes, price growth across the prime housing markets outside London averaged 9.3 per cent over 2021, marking the strongest annual growth since [...]
Energy boss calls out government inaction ahead of crunch meeting December 27, 2021 The boss of Ovo Energy has called for urgent government action warning the current market structure "isn't fit for purpose."
2021 in review: Furlough is government’s big success story, but Rishi Sunak’s £69bn lifesaver comes at a price December 27, 2021 Furlough has become a household word in recent years. The scheme that protected the jobs of nearly nine million Britons at its peak has been hailed as the big success story of the Government’s Covid support measures as the jobs market rebounds at an impressive pace. The warnings of soaring joblessness that struck fear into [...]
Pandemic kills off entrepreneurial opportunities as army of self-employed in UK drops by shocking 700,000 December 27, 2021 The UK has nearly 700,000 less self-employed people two years into the pandemic, according to new figures published this morning. The self-employed workforce fell from a peak of nearly 5m in 2019 to to 4.3m this year, according to analysis by Rest Less, which offers advice to older people. As well as the impact of [...]
Tens of thousands of Monzo customers unable to access their funds as bank goes down December 24, 2021 Thousands of Brits were unable to access their money as Monzo Bank has gone down, leaving customers shut out of their accounts and unable to make or receive any payments. The meltdown came just two days before Christmas, with website Downdetector reporting that problems started just after 4pm yesterday afternoon. The issue was country-wide with [...]
TfL drivers on Central and Victoria tube lines to strike EVERY Friday and Saturday until June 2022 December 23, 2021 London Underground drivers plan to strike every weekend for the next six months, until June 2022, as a row over night tube rotas intensifies. The Rail, Maritime and Transport union (RMT) said this evening that its members will stage overnight walkouts on the Central and Victoria lines from 8.30pm every Fridays and Saturdays until June [...]
Dan Loeb labels activist investors a ‘stain’ as Third Point chair quits December 23, 2021 Dan Loeb, the boss of a New York hedge fund, called activist investors targeting his London-listed investment vehicle a "stain" on the city.
